Fairfax puts its radio stations up for sale

Tim Burrowes

May 17, 2011 2:53

Fairfax Media has confirmed that it is looking to sell its radio stations.

The key assets in the group are market leading Melbourne talk station 3AW and Sydney’s 2UE. Fairfax also owns Perth’s 96FM and 6PR, 4BC and 4BH in Brisbane and Melbourne’s Magic 1278.

The move was predicted in today’s Australian and confirmed in an update to the ASX from Fairfax.

The move is the latest as new CEO Greg Hywood restructures the company.

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Tim Burrowes

Tim Burrowes is the publisher of Mumbrella and Unmade. He co-founded Mumbrella in 2008 and sister title Unmade in 2021. He's worked in the UK, Middle East, Asia & Australia and has specialised in writing about the communications world for the last 25 years. He wrote the book Media Unmade, published in 2021, and became the presenter of MediaLand on ABC Radio National in 2025.

Topics

Fairfax Radio Greg Hywood

2 COMMENTS

JASON FROM BORONIA VICTORIA 17 May 11

I Predict Macqaurie Radio Network wil but Faurfax metropolitian & REgional Radio Assets and MacQuarei will shut down 3AW in Melbourne through thy ew successfull and keep MTR 1377 though they are not success nd they will keep 2GB and close down 2UE.

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Mark 18 May 11

Jason from Boronia is obviously drinking far too much methylated spirits…

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